Loading…
Australian live cattle exports have grown over the past year, driven by dry conditions that raised turnoff. Indonesia has revised its breeder import policy to require 5% fertile breeders from July 2019, which is double the previous effective share.
Indonesia's breeder rules and competition from Brazil shape Australian feeder demand and export prices, with the policy target likely hard to meet at current volumes.
mla.com.auOct 28, 2019After 28 past neutral policy events, Feeder Cattle moved a median +0.2% over 5 sessions (61% higher; middle half -0.6% to +0.8%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
